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Yum Brands Expects Q1 Results To Be Significantly Impacted By Coronavirus
Yum! Brands Reports Q4 Earnings Per Share $1.58
KFC Beyond Fried Chicken™ Expands To Two New Markets
YUM! Brands, Inc. is engaged in restaurant business. As of December 31, 2018, the Company operated or franchised over 48,000 restaurants in more than 140 countries and territories operating under the KFC, Pizza Hut or Taco Bell (collectively the Concepts) brands. The Company operates through three segments: The KFC Division, which includes the operations of the KFC concept around the world; The Pizza Hut Division, which includes the operations of the Pizza Hut concept around the world, and The Taco Bell Division, which includes the operations of the Taco Bell concept around the world. KFC restaurants across the world offer fried and non-fried chicken products, such as sandwiches, chicken strips, chicken-on-the-bone and other chicken products. Pizza Hut is a restaurant chain specialized in the sale of ready-to-eat pizza products. Taco Bell specializes in Mexican-style food products, including various types of tacos, burritos, quesadillas, salads, nachos and other related items.
1441 Gardiner Ln
Brian C. Cornell
Non-Executive Chairman of the Board
David W. Gibbs
Chief Executive Officer, Director
Christopher Lee Turner
Chief Financial Officer
Mark James King
Chief Executive Officer - Taco Bell Division
Chief Executive Officer - KFC Division
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Yum Brands Inc <YUM.N> shares fell 4.7% after it reported quarterly same-store sales and profit that missed analyst expectations on Thursday, as stiff competition took a bite out of sales at its Pizza Hut chain in the United States.
Yum Brands Inc on Thursday missed Wall Street estimates for quarterly same-store sales growth, hurt by poor performance of its Pizza Hut chain, which is struggling to grow in a market dominated by food delivery services.
KFC licensee Yum China <YUMC.N> said it could report an operating loss in the first quarter and take a significant hit to sales and productivity due to a coronavirus outbreak in China, after it was forced to shut nearly a third of its stores.
Yum China Holdings Inc said on Wednesday its 2020 sales and profit would take a hit, as the coronavirus outbreak has forced the fast food restaurant operator to temporarily shut more than 30% of its stores.
Yum Brands Inc <YUM.N> missed earnings expectations, largely hit by a write down in the value of its investment in delivery company GrubHub <GRUB.N> and warned of sagging sales at its Pizza Hut U.S. chain next year, sending shares down 10% on Wednesday.
Yum Brands Inc fell short of Wall Street estimates for quarterly same-restaurant revenue on Wednesday, hit by weak performance at its Pizza Hut and KFC chains.
Yum Brands Inc <YUM.N> said on Monday it will be testing Beyond Meat Inc's <BYND.O> plant-based chicken nuggets and boneless wings at an Atlanta KFC restaurant, the latest fast-food chain trying new options to attract vegan diners.
Yum Brands Inc <YUM.N> on Monday named company veteran David Gibbs as its chief executive officer, succeeding Greg Creed, who will be retiring at the end of the year.
Yum Brands Inc on Monday named Chief Operating Officer David Gibbs as its chief executive officer, succeeding Greg Creed.
Yum Brands Inc <YUM.N> beat expectations for quarterly profit on Thursday, as menu refreshes and a delivery push drove better-than-expected growth at all of the restaurant operator's chains, including Pizza Hut, sending its shares to a record high.
Yum Brands Inc on Thursday reported better-than-expected sales at established restaurants, powered by growth across all its chains - KFC, Pizza Hut and Taco Bell.
Yum Brands Inc's KFC is looking to tap into the popularity of plant-based protein foods by rolling out a vegan version of its classic chicken burger at some outlets in the UK.
Yum Brands Inc reported quarterly earnings and same-store sales above Wall Street estimates on Wednesday, as KFC recorded its best growth in three years, but weaker-than-expected growth at Taco Bell weighed on the company's shares.
Yum Brands Inc beat analysts' estimates for quarterly sales at established outlets on Wednesday, as strong growth at its KFC chain made up for another weak performance at Pizza Hut.
Yum China Holdings is partnering with China's two biggest state oil giants to open franchise fast-food outlets at gas stations in the country, in a bid to tap new growth areas as the domestic economy slows.
Yum Brands Inc missed Wall Street expectations for quarterly profit on Thursday, as the fast-food chain operator spent aggressively on promotions to revive sluggish sales at its Pizza Hut restaurants.
Yum Brands Inc missed analysts' estimates for quarterly profit on Thursday, as the fast-food chain operator spent aggressively to revive sluggish traffic at Pizza Hut.
Yum Brands Inc beat analysts' estimates for quarterly sales at established outlets on Thursday, driven by strong growth at its KFC and Taco Bell chains.
Yum Brands Inc <YUM.N> on Wednesday forecast same-store sales growth of 2 percent to 3 percent for fiscal 2019 and said it would reduce Pizza Hut's dine-in operations as it sharpens its focus on delivery.
Yum Brands Inc on Wednesday said it expects same-store sales growth in the range of 2 percent to 3 percent for fiscal 2019, betting on strong sales at its KFC and Taco Bell chains.
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